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    553 Commerce Dr Harrodsburg, KY 40330

    For Lease
    Contact for pricing

    High-traffic Walmart shadow center; 5 suites available.

    Lot size:
    11,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Harrodsburg Plaza presents a unique investment opportunity in a thriving Mercer County location. This five-suite retail and restaurant center benefits from its strategic placement as a Walmart shadow center, directly adjacent to a high-performing Walmart store boasting 1.5 million annual visits. This shared entrance ensures exceptional visibility and consistent foot traffic for your business. The plaza's strong tenant mix includes established national retailers such as Kroger, CVS, and Arby's, creating a synergistic environment and attracting a diverse customer base. The property's proximity to Campbellsville University, a large institution with 12,000 students annually, further enhances its appeal and provides access to a significant student population. This presents an ideal location for a variety of businesses, including retail establishments, healthcare services, or restaurants seeking high visibility and a steady stream of customers. Virtual 360° tours are available for all currently available spaces, allowing for convenient and thorough property exploration. This prime retail location offers an excellent opportunity to capitalize on the high traffic volume and strong community presence.

    Property Features for 553 Commerce Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,200 SF

    Unit(s) available at that property

    Space
    AVAILABLE (2)
    Size
    4,800 SF
    Space
    AVAILABLE (3)
    Size
    3,200 SF
    Space
    AVAILABLE (1)
    Size
    3,200 SF

    HighLights

    • High‑traffic Walmart shadow center with 1.5 million annual visits.
    • Strong retail co‑tenancy including Kroger, CVS, and Arby's.
    • Proximity to Campbellsville University, a 12,000‑student university.
    • Virtual tours available for all available spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harrodsburg
    County
    Mercer
    State
    Kentucky
    Longitude
    -84.842840163228
    Latitude
    37.741584279972

    Nearby Comparable

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    Nearby Similar for Lease

    • Contact for pricing
      3,200 SF

      Retail Space in Walmart Shadow

      Retail space available in Walmart shadow center.
      545-561 Commerce Dr, Harrodsburg, KY 40330
      View Details
    • Contact for pricing
      3,600 SF

      Harrodsburg Retail Space Available

      Retail space available for lease in Harrodsburg, Kentucky.
      844-866 S College St, Harrodsburg, KY 40330
      View Details

    FAQs

    What type of property is this?
    Restaurant - High-traffic Walmart shadow center; 5 suites available.
    Where is this restaurant located?
    The property is located at 553 Commerce Dr Harrodsburg, KY.
    What are key features of this property?
    This property features: High-traffic Walmart shadow center with 1.5 million annual visits.; Strong retail co-tenancy including Kroger, CVS, and Arby's.; Proximity to Campbellsville University, a 12,000-student university.
    Request Owner's contact information
    553 Commerce Dr Harrodsburg, KY 40330
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    Harrodsburg, KY 40330
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    553 Commerce Dr Harrodsburg, KY 40330
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